Flood risk routinely underestimated, warns Marsh & McLennan Company (MMC)
Re/insurance broker Marsh McLennan has released its updated Flood Risk Index 2.0, which maps how a changing climate will shape flood risk in the future. The report warns that flooding is the most pervasive natural disaster, and yet its costs are routinely underestimated. And now, climate change, economic and demographic trends, and a chronic shortfall […]
UK Disaster Protection Centre: Humanitarian Insurance: Weighing the Options
Through the previous blogs in this series, we have started to unpick the role for risk transfer in a humanitarian context, and raised some of the ethical, practical, and principle-based reasons why humanitarian actors might think twice before using risk transfer tools like insurance [1]. The obvious next question for humanitarian actors and donors is […]
